Investor Notice: Robbins LLP Informs Investors of the Grocery Outlet Holding Corp. Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Grocery Outlet Holding Corp. for allegedly misleading investors about its financial and operational growth during the specified period [1][2]. Group 1: Allegations and Company Operations - The lawsuit claims that Grocery Outlet expanded too quickly into new stores, which led to unsustainable growth that could not meet previously set guidance [2]. - It is alleged that the company's strong financial performance was artificially supported by excessive rapid store expansion, which ultimately hindered sustainable growth [2]. - The complaint indicates that the company's restructuring plan would necessitate further optimization, including significant store closures and asset write-downs [2]. Group 2: Financial Impact and Stock Performance - On March 4, 2026, Grocery Outlet announced disappointing financial results for Q4 and the full fiscal year 2025, missing guidance on nearly every major financial metric [3]. - Following the announcement, Grocery Outlet's stock price dropped by $2.45, or 27.9%, closing at $6.34 per share on March 5, 2026 [3].